US could face energy shortfalls during extreme heat periods this summer

sxcoal.com International,  Thermal Power 2023-05-18 09:53:04

Large parts of the United States and some areas in Canada could face energy shortfalls during periods of extreme heat this summer, the North American Electric Reliability Corp (NERC) warned in its summer outlook released on May 17.


The U.S. West, Midwest, Texas, Southeast, and New England, along with Ontario in Canada, are at elevated risk of insufficient operating reserves in above-normal conditions, said the NERC.


While there are no high-risk areas in this year's assessment, the number of areas identified as being at elevated risk has increased.


Specific challenges facing these areas during the summer peak period are outlined in the NERC's 2023 Summer Reliability Assessment, which put two-thirds of North America is at risk of energy shortfalls this summer during periods of extreme demand.


Limited operation of coal-fired power plants due to new environmental regulations, low water levels on major reservoirs, unexpected tripping of wind and solar resources, and curtailed transfers to areas in need also posed reliability concerns, NERC said.


(Writing by Alex Guo  Editing by Harry Huo)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

Share this article
Connect with us

Editor's Pick

1 Indonesian thermal coal market undermined by tender prices in China 2023-05-31

Indonesian thermal coal prices experienced a palpable fall on May 31, affected by aggressive tender prices in China in the wake of straight price corrections in the domestic market. Some

2 Downturn in China's thermal coal market shows no signs of abating 2023-05-31

China's spot domestic thermal coal market was still grappling with steep decline on May 31, as utilities are well stocked with limited buying interest in anticipation of further price declines.

3 China's met coke market sees furhter price fall on weak demand 2023-05-31

The pessimistic sentiment loomed larger in China's metallurgical coke market, as some participants foresaw a possibility of mills requesting a 10th round of coke price cut within the week.

4 Jiangsu power grid load exceeds 100 GW, first seen in May 2023-05-31

The power grid in eastern China's Jiangsu province achieved a milestone as its electricity demand reached a peak of 100.97 GW on May 29, marking the first time in the history that the grid load broke

5 N China ports' coal inventory hits record high, spot prices likely to approach contract prices 2023-05-31

Coal inventory at China's northern ports exceeded 30 million tonnes on May 30, with an intra-day high reaching 30.11 million tonnes, notching a historic high, according to Sxcoal's data.

6 China's steel PMI down for 3rd mth in May 2023-05-31

The Purchasing Managers' Index (PMI) in China's steel sector, an economic indicator for the industry, fell to 35.2 in May, marking the third straight month of decline after returning to expansion t

7 China Coal Daily Track (May 31) 2023-05-31

Thermal coal Production area While a few miners have seen a mild improvement in coal dispatches after price cuts, most miners have not experienced any positive changes in sales. With potential i

8 China's manufacturing PMI falls to 48.8 in May 2023-05-31

China's factory activity weakened further in May as a lack of demand suppressed the release of manufacturing capacity. The official manufacturing purchasing managers' index (PMI) stood at

9 China's Huaneng invests $8.3 Bln in hydropower station in Tibet 2023-05-31

Huaneng Lancang River Hydropower Inc (600025:Shanghai), a subsidiary of China's state-owned power generator Huaneng Group, announced a plan late May 30 to construct a hydropower station in Tibet, with

10 Coal India hikes high grade non-coking coal prices by 8% 2023-05-31

India's largest coal supplier Coal India Ltd (CIL) has raised prices of its non-coking coal of grade G2 to G10 by 8%, marking the first hike in five years, according to local media. The a

Most Read Articles

1 Downturn in China's property sector leads to three-year low in steel prices 2023-05-29

Steel prices in China plummeted to a three-year low last week, primarily due to the weakness in its property sector, according to a Reuters report. On May 25, the spot price of HRB400 20m

2 Indonesian thermal coal prices continue to fall on abundant availability 2023-05-25

Indonesian thermal coal prices drifted lower on May 25 under the pressure of competition from other origins that offered alternatives to China, its major buyer. On May 25, Chinese traders

3 China's largest coal-fired power project fully comes online 2023-05-26

Shanghaimiao coal-fired power project, located in northern China's Inner Mongolia, was fully operational after the No.4 steam turbine wrapped up a 168-hour trail run, media reported. This

4 High stockpiles drives down China's portside thermal coal prices 2023-05-29

China's portside thermal coal prices continued their downward trajectory at the start of the week, impacted by lackluster demand, stiff competition from imported coal, and the ongoing oversupply. Trad

5 China's met coke prices under pressure again despite eased inventory pressure 2023-05-25

China's metallurgical coke prices are facing renewed downside pressure as some steelmakers asked for further price cut just after coking plants saw a significant alleviation of inventory pressure.

6 China wind, solar power capacity exceeds 800 GW 2023-05-26

China's installed wind power and solar power capacity combined reached 820 GW by the end of April 2023, accounting for 30.9% of China's total power capacity, according to the National Energy Administr

7 China's coking coal market sees signs of weakening as coke prices further fall 2023-05-26

Trading enthusiasm started to cool in China's coking coal marketon May 26, with lower settlement and failure seen in online auctions after the coke market completed a further round of 50 yuan/t

8 China's Guangdong targets 33 Mt coal storage capacity by 2025 2023-05-25

Southern China's Guangdong province vowed to build coal storage capacity to 33 million tonnes by 2025, including 6 million tonnes of government's dispatchable capacity, according to a work plan for pr

9 Nippon Steel pursuing stake in Teck Resources coal asset 2023-05-29

Nippon Steel, a prominent Japanese steelmaker, remained engaged in negotiations with Teck Resources regarding its strong interest in acquiring a stake in Teck's esteemed high-grade coking coal asset,

10 Chinese utilities' lower import tender prices jitter coal sellers 2023-05-26

China's power utilities are awarding tenders for imported coal at even lower prices, reinforcing expectations of persisting price declines in a buyers' market. On May 26, several Chinese